ICMA and LuxSE launch sustainable bonds database
17 May 2023 Luxembourg
Image: VectorMine/stock.adobe.com
The International Capital Market Association (ICMA) has launched a new database for sustainable bond data, in partnership with the Luxembourg Stock Exchange (LuxSE). The database will be openly available on ICMA’s website.
Through the database, users will have access to sustainable finance insights garnered from more than 8700 listed green, social, sustainability and sustainability-linked (GSSS) bonds, gathered from more than 2100 issuers and aligned with ICMA’s Green Bond Principles, established in 2014.
Data will be fed into the system by LuxSE’s Luxembourg Green Exchange (LGX), with its DataHub identifying up to 150 structured, granular sustainability data points.
The sustainable bond database tracks GSSS bond issuance from 2019 to present, breaking down each bond category by region, issuer sector, currency and time to maturity. Additionally, the intended contribution of GSSS bond categories to the UN’s Sustainable Development Goals is available.
By providing market insights, ICMA aims to improve market participants’ understanding of the sustainable bond market and help them to identify sustainable opportunities and incorporate ESG factors into their decisions.
Bryan Pascoe, CEO of ICMA, says: “Through the principles, ICMA provides the global market standard for sustainable bond issuance. We are very pleased to have this partnership with LuxSE to provide a key reference to all stakeholders with a database of aligned sustainable bond issuers and associated analytics. The growth potential of the market is huge, and all practitioners need reliable and comprehensive data to effectively track evolving market activity and features.”
Julie Becker, CEO of LuxSE, adds: "We are grateful for the opportunity to cooperate with ICMA to bring sustainable bond data to international capital markets. This new database will help address the critical need for market insights and play a significant role in advancing the sustainable finance agenda more broadly.”
Through the database, users will have access to sustainable finance insights garnered from more than 8700 listed green, social, sustainability and sustainability-linked (GSSS) bonds, gathered from more than 2100 issuers and aligned with ICMA’s Green Bond Principles, established in 2014.
Data will be fed into the system by LuxSE’s Luxembourg Green Exchange (LGX), with its DataHub identifying up to 150 structured, granular sustainability data points.
The sustainable bond database tracks GSSS bond issuance from 2019 to present, breaking down each bond category by region, issuer sector, currency and time to maturity. Additionally, the intended contribution of GSSS bond categories to the UN’s Sustainable Development Goals is available.
By providing market insights, ICMA aims to improve market participants’ understanding of the sustainable bond market and help them to identify sustainable opportunities and incorporate ESG factors into their decisions.
Bryan Pascoe, CEO of ICMA, says: “Through the principles, ICMA provides the global market standard for sustainable bond issuance. We are very pleased to have this partnership with LuxSE to provide a key reference to all stakeholders with a database of aligned sustainable bond issuers and associated analytics. The growth potential of the market is huge, and all practitioners need reliable and comprehensive data to effectively track evolving market activity and features.”
Julie Becker, CEO of LuxSE, adds: "We are grateful for the opportunity to cooperate with ICMA to bring sustainable bond data to international capital markets. This new database will help address the critical need for market insights and play a significant role in advancing the sustainable finance agenda more broadly.”
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